SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: The Jedi who wrote (2067)8/19/1998 10:45:00 AM
From: Tom Trader  Read Replies (1) of 44573
 
>>I am following the thread and trading the OEX, just looking for swing trades<<

Are you trading the OEX options on the long side?? Very tough to do given the steep premiums -- I guess one would have to be pretty nimble.

I have started to trade the options on the short side--selling them naked based on what signals my system generates. I paper traded this through the last year or so, to see how it works and it was producing good results. As always, one has to be very discplined since the risk is substantial--but between the favorable price movement and the time factor so far it seems to be a winning approach. I do close out positions--taking profits-- in using a laddered approach and don't rely on my system to exit the options trade.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext